PPP Loan information for Arad incorporated

$19,751

Arad incorporated was initially approved for PPP Loan of amount $19,751, the current approved amount is $19,751. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $19,751 was used to fund payroll.

Arad incorporated is Existing or more than 2 years old

ARAD INCORPORATED

Date Approved

05/02/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARAD INCORPORATED

Borrower Address

119 KASEY DRIVE

Borrower City

ABBEVILLE

Borrower State

AL

Borrower Zip

36310

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

19751.00

Current Approval Amount

19751.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

HENRY

Project State

AL

Project Zip

36310-0001

CD

AL-02

Jobs Reported

4

NAICS Code

713990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19751.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;